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Eloro Resources Ltd T.ELO

Alternate Symbol(s):  ELRRF

Eloro Resources Ltd. is a Canada-based exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. It is focused on developing its potential Iska Iska silver-tin polymetallic property in the Potosi Department of southern Bolivia. The Iska Iska Porvenir Concession is a road accessible, royalty-free property that covers an area of 900 hectares located 48-kilometer (km) north of Tupiza city, in the Sud Chichas Province of the Department of Potosi. It also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru some 50 km south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. La Victoria consists of eight mining concessions and eight mining claims encompassing over 89 square kilometers. La Victoria has infrastructure with access to road, water and electricity and is located at an altitude that ranges from 3,150 m to 4,400 m above sea level.


TSX:ELO - Post by User

Post by WisGuy1on Aug 31, 2023 10:45am
240 Views
Post# 35613719

@ConchyJoe

@ConchyJoe@ConchyJoe Stick to the basics and ignore the noise. Any way you look at it this is a GIANT MRE and this is going to be a mine. Have you read it??? Seems like a fund with a meaningful position was troubled before yesterday and then got margined, this selling then pushed a lot of poor amateur retail weak hands who had been waiting on the MRE into a panicked liquidation. What does this boil down to? A RIDICULOUSLY oversold stock and probably the best buying juncture in years 
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